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Banking

Challenge 1

Proposal submission date
Start date: November 12th, 2020 End date: November 25th, 2020

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Problem Statement Information

Category
Retail banking, Digital channels

Problem statement tags
#tillpointbanking #bankinginstores

Detailed Description
Tyme’s model of digital banking for emerging markets, allows every till point in physical retail stores to be turned into cash in and out points, and requires a significant number to be. Retailers already have till point software most likely from a few big suppliers in each requested market. Tyme has a code based transaction which can be presented as either a QR code, or code string (numeric or alphanumeric), which enables transactions in stores.The challenge is to enable the Tyme code based transaction to be presented on as many of the standard till point systems in the market using the existing APIs. Evidence of transaction from token creation to acceptance and conclusion through logs and reconciliation files produced by the integrator which can be reconciled with the standard reconciliation files produced by Tyme

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